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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › IAS 8 … Errors
Using BPP text, (page 114) example on errors please why is tax on inventory accounted for in error, deducted from prior period tax rather than added?
My expectation was that it will be added since its a shortfall in revenue which wasn’t taxed.
Kindly held clarify!
Hi – I have a problem with your question – I don’t have in my possession, nor do I have access to, a BPP text.
You’ll need to give me fuller details about the question
